Job Market Monitor
Michel Cournoyer
Canada / The job recovery isn’t producing enough to adequately absorb the natural expansion in labour force
U.S. Federal Reserve chairman Ben Bernanke often emphasizes that it is not good enough to have a growing economy; what is needed is sufficient growth to absorb the expanding labour force that naturally accompanies a growing population. Canada’s labour market is in better shape than America’s, but Mr. Bernanke’s point applies equally here, especially since … Continue reading
American Airlines / To hire 1,500 pilots
American Airlines says it will hire 1,500 pilots over the next five years. Continue reading
US / Social mobility and the growing education gap
Poverty blocks children from high-quality educational opportunities while privilege insures better schools, advanced degrees, and access to jobs linked to the networking of privilege Continue reading
Switzerland / Enough signatures for a vote on a monthly minimum wage of $2,800 (2,500 Swiss francs)
Some 120,000 Swiss signatories have put their names to a petition demanding a monthly minimum wage of $2,800 (2,500 Swiss francs) for every single member of the working adult population. Enough names have been collected for a government vote Continue reading
Update – Atlantic Canada and EI / Almost 80% of the unemployed receive benefits compare with 1 in 3 for the rest of Canada
I have to show you something. Before reading the news below, take a look at the figure Continue reading
OECD / The number of tertiary educated immigrants in the OECD increased by 70% in the past to 27 million
The number of tertiary educated immigrants in the OECD increased by 70% in the past decade to reach 27 million in 2010/11. About 30% of all migrants in the OECD area were highly educated and one-fifth of them were originating from India, China or the Philippines. Chosen excerpts by Job Market Monitor. Read the whole story … Continue reading
EU-US Trade deal / 160,000 jobs would be created in Germany says a report
A free trade agreement between the USA and European Union could create 160,000 jobs in Germany, a report claimed on Friday. Talks about a deal are set for Monday. Continue reading
Great Recession and suicide / A global increase
There were an estimated 4884 (95% confidence interval 3907 to 5860) excess suicides in 2009 compared with the number expected based on previous trends (2000-07). Continue reading
Canada / Unifor to hold national ‘Good Jobs Summit’
Canada’s newest union, will organize a national, multi-stakeholder summit on good jobs in 2014. Continue reading
US / Workers make less now than before the recession
American workers are making less than they did in 2007, before the financial crisis, according to new data from PayScale Continue reading
Europe / 5.499 million young persons (under 25) unemployed in the EU28
In August 2013, the youth unemployment rate was 23.3% in the EU28 and 23.7% in the euro area, compared with 23.1% and 23.4% respectively in August 2012. In August 2013, the lowest rates were observed in Germany (7.7%) and Austria (8.6%), and the highest in Greece (61.5% in June 2013), Spain (56.0%) and Croatia (52.0% in the second quarter of 2013). Continue reading
Europe / A Scorecard to Help Tackle Unemployment Crisis
The European Union on Wednesday proposed a scorecard to help national authorities remedy emerging social problems and a lack of jobs—part of a push led by Germany to dispel accusations the bloc has done little to defuse the region’s festering unemployment crisis Continue reading
US Employment / Payroll to Population Rate at 43.5% in September says Gallup
The U.S. Payroll to Population employment rate fell slightly to 43.5% in September, from 43.7% in August Continue reading
Greece / Unemployment at 34% by 2016 according to a study by GSEE’s Employment Institute
According to a study by GSEE’s Employment Institute, the rate of unemployment in Greece will climb to 34% by 2016 Continue reading
Europe / Youth Unemployment: A Map
This map from Reuters shows the current levels for the crisis in Europe Continue reading
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